The United States will remain the largest market globally based on its extensive network of home health care providers, high health care spending intensity, widespread insurance coverage for the treatment and management of chronic diseases, and shifting patient care strategies toward home settings

1. Worldwide Home Medical Equipment Industry to rise
7.0 percent in 2016
The study analyzes the world market for home medical equipment. Products covered are divided into
three major categories:
 home therapeutic equipment (respiratory, IV administration,
 dialysis, and other products)
 home patient monitoring equipment (blood glucose monitoring
 and other products)
 home patient support equipment (mobility assist products, medical furniture, and bathroom safety
equipment).
The study presents historical data (2001, 2006, and 2011) and forecasts for 2016 and 2021 in millions of
US dollars for home medical equipment market demand by type, geographical region, and
selected countries. The term demand refers to apparent consumption and is defined as shipments (also
referred to variously as “production,” “output,” or “supply”) plus imports minus exports. It is used
interchangeably with the terms “market,” “sales,” and “consumption.” Global, regional, and selected
national statistics are also provided for home medical equipment shipments as well as for key market
indicators, including gross domestic product, population and age distribution, health expenditures,
hospital beds, physicians, hospital admissions, surgical procedures, and outpatient consultations.
Throughout the study, various references are made to indicators, demand patterns, and other variables in
the “developed” and “developing” countries. The “developed” countries include Australia, Canada, Hong
Kong, Israel, Japan, New Zealand, Singapore, South Korea, Taiwan, the United Arab Emirates, the
United States, and the West European countries and territories. All remaining countries and territories are
classified as “developing.”
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global-commercial-airport-baggage-handling-systems-market-2012-2017-
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Report Details:
Published: January 2013
No. of Pages: 411
Price: US$6300

2. Macroeconomic and demographic indicators presented in this study were obtained from The Freedonia
Group Consensus Forecasts dated June 2012. Gross domestic product (GDP) historical data are derived
from the national income and products accounts from the Organisation for Economic Co- Operation and
Development (OECD) for its member countries, from the European Bank for Reconstruction and
Development (EBRD) for its member countries, and from the International Monetary Fund for its member
countries that are not part of the OECD or EBRD. Sources of GDP estimates for other countries are
based on information from the World Bank and a variety of sources including the countries’ statistical
bureaus. GDP forecasts are developed from a consensus of public agencies and private firms.
All estimates of gross domestic product and components of GDP are done in terms of constant
purchasing power parity in a benchmark year (2010) that is one year before the base year (2011) used in
this study. Purchasing power parity GDP estimates for the benchmark year are obtained from the OECD;
Eurostat; the World Bank; the International Monetary Fund; the US Central Intelligence Agency; and
selected other sources. These purchasing power parity GDP estimates for the benchmark year are based
on gross domestic product data expressed in the individual countries’ local currency, which are then
converted to US dollars by valuing each country’s output at US prices in the benchmark year. This
approach values the same physical output at a consistent price for all countries, thereby reducing the
distorting influence of different price levels in the different countries. The alternative approach of using
exchange rates to convert local currency GDP to US dollars would tend to overvalue the output of
countries with high average price levels and undervalue the output of countries with low average price
levels, because exchange rate conversions only partially reflect the relative prices for goods and services
that are domestically consumed and invested. Furthermore, factors other than relative prices, such as
demand and supply in currency markets, interest rates, and capital flows, affect exchange rates.
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